Tokio Marine HCC (TMHCC) is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain, Germany, and many other locations.
With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don't even know exist.
Just as we invest in our company, we invest in our employees' careers.
We provide our employees a collaborative and rewarding environment within which to gain the knowledge, skills, and experience that lead to a rewarding career.
Our products allow our customers to take on opportunity with confidence.
In turn, our competitive salaries,attractive benefits, and potential for career growth allow you to take on opportunity with confidence.Cyber Underwriter - Iberian Countries ItalyDescription: As the Cyber Underwriter - Iberian Countries Italy, you will be reporting directly to the Cyber Manager in charge of this region and will be part of TMHCC International Cyber team.
Based in our Barcelona office, you will play a strategic role in the management and development of our Cyber portfolio in your territories, assisting the Cyber manager of this region in strategic and technical matters as they relate to formulating, executing and monitoring underwriting strategies for Cyber risks insurance.
The job requires in-depth understanding of Cyber matters (Threat, Vulnerabilities and Consequences), Cyber insurance, European markets, and close collaboration with other teams.ResponsibilitiesThe main responsibility of the Cyber Underwriter - Iberian Countries Italy is to manage the stand-alone Cyber book of business written in those countries.You will play a key role in the alignment of the Cyber risk underwriting strategies for our Underwriting teams, making sure that the Cyber book is consistent and profitable.
The responsibilities are further detailed below:Portfolio ManagementThe Cyber Underwriter - Iberian Countries Italy will:Ensure that our approach in those territories is consistent with our global strategy;In conjunction with the Financial Lines Managers, Cyber Relay and the Cyber Team, formulate, implement and monitor local Cyber risks strategies;Supervise technical, legal and commercial aspects regarding the development of our Cyber book in those territories;Provide continued training and information sharing with regards to Cyber insurance;Communicate the UW philosophy for Cyber insurance clearly internally and externally;Actively participate in the development of the book of business by using brokers' relationships, local market expertise and language skills;Build productive relationships with assigned field offices and business partners.Underwriting AuthorityThe Cyber Underwriter - Iberian Countries Italy will be part of the Cyber Risks Committee and will act as a referral authority for certain risk segments.
He/she will be involved in underwriting decisions depending on the class of business/territory/limit, of liability/risk, and of exposure/claims experience (risk segments).Portfolio ManagementThe Cyber Underwriter - Iberian Countries Italy will provide information to the Management Team for this line of business, as specified in more details below:Perform an annual regional book analysis;Develop and enhance underwriting and risk management philosophies, underwriting tools and underwriting procedures according to the needs of the company.More specifically, the Cyber Underwriter - Iberian Countries Italy will:Report on a monthly basis: Cyber trends, wins and losses;Report on an annual basis on the progress made in the implementation of the Cyber local strategies in the main markets covered by the underwriting teams in Barcelona;Contribute to the annual business plans by ensuring that the company's Cyber appetite is adequately integrated in the local business plans;Product/Project ManagementThe Cyber Underwriter - Iberian Countries Italy will be involved in specific research or product development projects that can contribute to the development and/or enhancement of new and/or existing products and market entries.Relationship ManagementAs part of relationship management of the company, the Cyber Underwriter - Iberian Countries Italy will:Maintain and develop relationships with key brokers, in conjunction with respective Financial Lines Managers;Provide guidance, leadership and motivation to underwriters;Encourage underwriting discussion and stimulate communication between our different teams;Provide leadership to teams when in charge of a specific project;Develop a sound understanding of all products.
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